No wonder it takes so long25 Apr 2024 08:51
After destroying roads, bridges and defaulting on millions, mining company may leave Amapá
Led by businessman Li Ping, from Hong Kong, Cibra Mineração won the chance to ship manganese stored by Icomi in Serra do Navio
A businessman with a troubled background, of Hong Kong nationality, is the latest character villainized by the mining market in Amapá. He even convinced justice authorities, posed alongside politicians and promised to unlock the mineral sector, if he had the opportunity to operate in the state.
The chance came, he embarked 11 ore ships, stopped paying for the last three, and even sent two to get more manganese, but the courts now blocked him.
White card
Li Ping assigned his executives to make several forays into Amapá, where he installed offices and luxurious functional residences, until he qualified for a legal process that would define the direction of the approximately 5 million tons of manganese remaining from Icomi SA's mining, even after of its insolvency situation.
Ping's company, Cibra, even left behind other mining companies that had been fighting for the right to succeed Icomi in Amapá for more than a decade, such as Tocantins, Ecometals, Durbuy and Brica. He convinced the powerful Cosco, from the Chinese government, to finance operations in Amapá.
Full article here
https://www.diariodoamapa.com.br/cadernos/politica/apos-destruir-estradas-pontes-e-dar-calote-milionario-mineradora-pode-deixar-o-amapa/